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Capital One, Savings

Hosted on MSN · 19h

CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY

The Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings account options and cheating them out of close to $2 billion in interest.

Capital One sued over deceptive savings rates

The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 times higher than one of its other products.

Orange County Register · 1h

Capital One sued by watchdog that says bank cheated customers out of $2 billion

Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.

22h

Capital One accused of hiding lower rates in savings accounts scheme

The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.

7h

Capital One faces US CFPB lawsuit over $2bn in unpaid interest

"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...

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